Insurance
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Bond Voyage: Dancing to a new tune: How Japan’s Lifers are adapting to a market in flux
Japan’s bond markets enter 2026 transformed and recent structural shifts have changed the behaviour of the country’s powerful life insurers.
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Cities of the future: What will cities look like in 2050?
Today’s private market investments will shape 2050 cities. We explore what this could look like, and the related challenges and opportunities.
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Bond Voyage: Bulk Purchase Annuity – a quiet market making loud moves
This month’s Bond Voyage looks at the Bulk Purchase Annuity (BPA) market in the UK – the quiet market making loud moves.
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From niche to core: Asset-based finance emerges as a driving force as private debt markets continue to evolve
Asset-based finance is capturing the attention of institutional investors – from pension schemes to insurers – thanks to its diverse risk-return drivers and its growing role as a strategic building block in investors’ portfolios.
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Bond Voyage: Mind the gap – gilts and the swap spread story
In this month’s Bond Voyage, our Solutions team investigates the reasons behind the widening gilt-swap spread and its implications for government bond investors, in particular for insurance companies.
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Relative value in private markets: Positive but selective
Using proprietary data, our private markets research team compares risk and return across sectors.
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Rates, regulation and the dash for cash: The outlook for liquidity investors in 2024
Alastair Sewell answers the seven key questions on the minds of liquidity investors heading into 2024.
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When equity becomes debt: The untapped potential of amortising-lease real estate
Institutional investors seeking alternatives to bonds may find amortising leases a compelling option, writes Mark Wells.
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Time to rethink collateral cash
In this Q&A, Alastair Sewell explains why investors need to urgently rethink their approaches to collateral cash management.
Pensions
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Illiquidity premia in private debt: Q4 2025
Our private markets research team have crunched the Q4 2025 data. They explain how evolving macro conditions are reflected in private debt returns.
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Cities of the future: What will cities look like in 2050?
Today’s private market investments will shape 2050 cities. We explore what this could look like, and the related challenges and opportunities.
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Purposeful run-on: A credible alternative to buyout
Discover why purposeful run-on is emerging as a credible alternative to buyout for well-funded defined benefit (DB) pension schemes – and how it can unlock long-term value while keeping clients' needs at the centre.
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Beyond buyout: Why DB schemes are reconsidering their endgame
Significant shifts in the defined benefit (DB) pension schemes landscape mean that as schemes mature, trustees and sponsors now face a broader spectrum of strategic choices. We explain why the choice between buyout and run-on is no longer binary.
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Bond Voyage: Bulk Purchase Annuity – a quiet market making loud moves
This month’s Bond Voyage looks at the Bulk Purchase Annuity (BPA) market in the UK – the quiet market making loud moves.
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From niche to core: Asset-based finance emerges as a driving force as private debt markets continue to evolve
Asset-based finance is capturing the attention of institutional investors – from pension schemes to insurers – thanks to its diverse risk-return drivers and its growing role as a strategic building block in investors’ portfolios.
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Illiquidity premia in private debt: Q2 2025
In our latest private markets deep dive, our research team crunches the data to see how evolving macro conditions are reflected in private debt returns.
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Illiquidity premia in private debt: Q1 2025
In our latest private markets deep dive, our research team crunches the data to see how evolving macro conditions are reflected in private debt returns.
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Private debt for DC pensions: The multi-sector opportunity
As the search for better retirement outcomes for the 28 million members of the UK’s defined contribution (DC) pension schemes continues, where are the opportunities for DC investors in private debt and how can they be harnessed?
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Relative value in private markets: Positive but selective
Using proprietary data, our private markets research team compares risk and return across sectors.
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Illiquidity premia in private debt: Q4 2024
In our latest private markets deep dive, our research team crunches the data to see how evolving macroeconomic conditions are reflected in private debt returns.
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Rates, regulation and the dash for cash: The outlook for liquidity investors in 2024
Alastair Sewell answers the seven key questions on the minds of liquidity investors heading into 2024.
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When equity becomes debt: The untapped potential of amortising-lease real estate
Institutional investors seeking alternatives to bonds may find amortising leases a compelling option, writes Mark Wells.
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Time to rethink collateral cash
In this Q&A, Alastair Sewell explains why investors need to urgently rethink their approaches to collateral cash management.
The Little Book of Data
Good data visualisation makes us see the world anew. The sixth edition of The Little Book of Data presents original and curated visuals, charts and graphics to offer a fresh perspective on topics shaping our world.
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